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the democrats. people wonder why we operate on government by deadline. because harry reid has made the cynical, cynical move of not passing a budget through the united states senate over the past several years. it's deeply cynical because the budget shows what your priorities are. harry reid doesn't want the american people to know what the senate democrats' priorities are, so they just don't pass budgets. now, what usually happens is, you have a budget every year. the senate passes their budget. the house passes their budget. they go to conference. we all saw -- we all saw i'm just a bill, yes, i'm only a bill. i'm living here on capitol hill. harry reid, obviously -- he was doing a chicken fight or something while that was going on. he missed that. the senate has been negligent for the past several years. and that's why we have this government by deadline because democrats in the senate will not pass a budget. >> the problem with government by deadline, two things. one, as we saw yesterday, the republicans were the ones who put themselves in a position where if you didn't move forward, they
it not for harry reid. harry reid has told us so many stories of his youth and his background in that tiny town and what brought him to this station in life today. i almost feel if there were a town or high school reunion i could attend it with harry and look around and recognize a lot of people there, because i've certainly heard stories about his youth and the people that had a dramatic impact on his life from the time that he was growing up in searchlight, neff. we know he came from modest circumstances. his family grew raised him in a very small home without indoor plumbing. he attended a two-room elementary school in searchlight, nevada. as a child, senator reid's father was a hard-rock miner and his mother took in laundry. he says of his parents that his father gave him quiet and his mother gave him confidence. opportunities were scarce in searchlight, but harry made the most of what he had. his book "the good fight" has a great opening prar that i'd like to -- has a great opening paragraph i'd like to share because it says what life must have been like in the town of searchlight. harry w
more. the irony here is boehner could lose the job trying to make a deal. harry reid will likely keep his job. boehner is a bore for being blunt and telling the other guy to his face, but reid is an angel for being phony. and referring to rip the other guy only behind his back. this isn't about a speaker losing it. this little exchange is more about a phony decorum that tries to hide it. what is weird is both like boehner an cantor are called fiscal stiffs on the cover of the "new york daily news" for having serious issues with a rescue bill for sandy victims because it wasn't going to just sandy victims. but democrats happy to sign a $60 billion blank check are saints, saying they are happy to tap it to repair smithsonian museum roof and plant trees in ohio. untold millions for items with nothing to do with sandy. not exactly dancing. it's a wonder boehner didn't curse more. more of a wonder why the media didn't wish he did. that is not fair and not right. it's wrong. would it kill us to get the other side of the story? would we ever try?
%. house speaker john boehner reportedly cursing out senate majority leader harry reid right outside the oval office. representatives from both sides of the aisle will join us next to explain how lawmakers can possibly reach a deal on the debt ceiling in this kind of poisonous environment. plus, new jersey governor chris christie is furious. >> there's only one group to blame for the continued suffering of these innocent victims, the howth house majority and their speaker, john boehner. >> we'll get into the politics behind that bill when we get back. >> we'll get into the poli behind that bill when we get back. g kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their
of expletives that harry reid right outside the house speaker a dictator on the senate floor. you can expect more of that tension in the weeks to come. >> stay with us for complete coverage of the fiscal cliff deal and what could happen in the next few months. for more on the impact on you and your family, the 02 -- go to wjla.com and our social media websites. >> the other story is the failure of congress to come up with a comprehensive relief package for the victims of hurricane sandy. the governor of new jersey is angry at the house speaker for pulling the eight, calling it a trail. it comes after the senate approved a package on friday. chris christie called the move in the house a slap in the face to the state. >> americans are tired of the palace intrigue and political partnership -- partisanship of this congress that pleases one upmanship head of the lives of the citizens who sends these people to washington d.c. in the first place. >> a vote to sandy relief will happen in house by january 15. >> the latest in a development -- a developing story -- secretary of state and hill
. the senate republican leader felt like harry reid's democratic counterpart wasn't negotiating in good faith, trying torepublicans to the edge of the cliff. he called vice president joe biden as an end around. mitch mcconnell walked to the senate cloak room sat down and said socially, look, joe, a lot of these guy s are very smart people, but i don't see the trip wires. i'll call you back with an offer, that's how this start ed 30 hours later, a deal was done. >> sitting in the phone booth in the cloak room. that's amazing. >> for all of the talk on the vice president and senate side, so much drama overnight on the house side. speaker boehner voting for the bill. and eric cantor voting against the bill. the house whip voting against the bill and paul ryan voting for the bill. this is a real split. >> it is. it shows the schism and a real good demonstration of why it was so difficult for speaker boehner to negotiate a bigger, grander deal with the president. he was unable to get his own deal through the house a few weeks ago, and the negotiated deal that passed with overwhelming bipartisan su
spokesman for senate majority leader, harry reid, rodell, andrea stoddard, and brad despring. she goes by a.b., but i kind of like the full name. i don't know. my mom calls me christopher every once in a while. >> i know, i know. >> brad, don't think we're going to let you off the hook here. >> bradford. >> okay, bradford, you had two, i thought, pretty public moves by house republicans. the first came with attempting to -- well, attempting to try and pass plan "b," this million dollar and above exception. they didn't even get it to the floor. then yesterday, you had eric cantor, the majority leader, come out and say, i'm voting against this. throwing everyone into this sort of, whoa, this may not pass it. he votes against it, but don't add any amendments to it. if you are a house republican and you wake up today, what good can you take from what looks like a messaging loss across the board? >> well, you've got to step back and look at the big picture. sometimes we get wrapped around the -- >> what? what are you talking about! >> the long-term of what happened yesterday is democrats came ar
relationships. politico reports on an encounter between speaker boehner and harry reid in the white house lobby. go [ bleep ] yourself, boehner sniped, as he pointed his finger at reid, according to multiple sources present. speaker boehner refused to bring forward a bill funding emergency aid for victims of superstorm sandy. this is how republican peter king responded this morning. >> john boehner has been personally helpful over the years, so it pains me to say this, but the fact is, the dismissive attitude that was shown last night towards new york, new jersey, connecticut, typifies, i believe, a strain in the republican party. we cannot believe that this cruel knife in the back was delivered to our region. >> now, unfortunately, these leaders will still need to work together, and soon. with one deadline down last night, the president has already begun positioning himself for the next fight. >> we'll negotiate over many things. i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let
between the party leaders extremely high evolving into nasty name-calling. harry reid had publicly said that speaker boehner was running a, quote, dictatorship in the house but this morning, politico is reporting on friday when the men saw one another some the lobby of the white house, they reportedly told reid to go blank yourself. politico said that multiple sources said that boehner even repeated the nasty comment to reid and bragged about it later. boehner's office has not commented. >>> secretary of state hillary clinton remains hospitalized for a blood clot behind her right ear. this type of blood clot is rare and can be very dangerous. nbc's chief medical correspondent robert bazell with more. >> reporter: the type of blood clot that struck mrs. clinton is rare. the clot is on the surface of the vein. the vein carries blood to the heart and lungs. the big danger is that the clot could grow larger causing blood to block up in the brain. that could cause a stroke. doctors prevent that with blood thinners. once the clot is discovered, doctors say mrs. clinton would have gotten an i.
biden, as well as leader harry reid, speaker boehner, nancy pelosi, and mitch mcconnell. everybody worked very hard on this. i appreciated. -- appreicate it. under this law, more than 98% of americans and 97% of small businesses will not to their income taxes go up. millions of families will continue to receive tax breaks to help raise their kids and send them to college. companies will continue to receive tax credits with the research they do, the investments they make, and the clean energy jobs they create. to million americans are out -- who are out of work but are out there looking pounding the pavement every day, will continue to receive unemployment benefits, as long as they are actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and brought an opportunity for everybody. the fact is, the deficit, is still too high. we are still investing too little in the things that we need for the economy to grow as fast as it should. that is why speaker boehner and i try to negotiate a larger agreement. that wou
was done by my extraordinary vice president, joe biden, as well as leader harry reid, speaker boehner nancy pelosi, and mitch mcconnell. everybody worked very hard on this. i appreciate it. once again, i want to thank you for your great work. under this law more than 98% of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax breaks to help raise their kids and send them to college. companies will continue to receive tax credits for the resources that they use, the investments that they make, and the clean energy they create. for those americans out there looking for work, they will continue to receive unemployment benefits as long as they are actively looking for a job. but i think we all recognize this law is one step in the broader effort to strengthen our economy and a broader effort for everybody. the fact is, the deficit is still too high. we're still investing too little in the things we need for the economy to grow as fast as it should. that is what speaker boehner and i originally tried to negotiate a larger
or so we got all of the action get kicked to the senate and mitch mcconnell and harry reid were trying to come to an agreement that they could bring to the senate floor. and sometime about saturday afternoon, saturday evening, mitch mcconnell started to feel like after trading some offers maybe harry reid was slow walking him a little bit. we got into sunday and the majority leader said i don't -- i don't really have a counteroffer i can make to you at this point. and mcconnell takes to the floor and said the majority leader is not negotiating with me so i called joe biden, and i have this nice little scene. national journal did an exhaustive reconstruction of these last few months. and mitch mcconnell is on the floor, and he is given a card that says hey there's a phone call for you. he picks up a phone in a phone booth, and it's the vice president. and he tries to persuade, joe biden, saying hey, i need a dance partner here would you come off of the sidelines. and he said you know the trip wire here. biden says let me get back to you with an offer. a
at a time when harry reid went home and went to bed and left it to the vice president. boehner was straight, honest with us ind lowed the regular process to occur. >> white house last friday. fox news confirmed boehner told reid to go "f" himself twice. after reid accused boehner of running the house like a dictatorship and being more concerned about saving his own job than cutting a deal. republican sources say it's likely it will only boost boehner's stock with conservatives. bret? >> you cleaned that up a little bit, mike. what about the signing of the bill and the process here? >> we are told the bill arrived at 4:30 this afternoon. we understand president obama will electronically sign the bill. the first president to use the autotoe pen. the third time he is doing it. cleared by the council's office. >> bret: mike, thank you. if you want a breakdown of what is in the fiscal bill check out wendell goler's piece on the foxnews.com/specialreport. republicans hoping to pick up a legislative win after the fiscal cliff deal has been eyeing the debt ceiling as the next potential arena for sp
the work that was done by my extraordinary vice president joe biden, as well as leader harry reid. many americans will not see their income tax is love. many will continue to receive tax cut. companies will receive tax credits 2 million americans who are out of work but are out there looking, pounding the pavement, want to continue to receive unemployment benefits as long as they are actively looking for a job. but i think that we all recognize that this law is just one step in the broader effort to strengthen our economy and bought an opportunity for everybody. the fact is that the deficit is too high. we are still investing too little in the things that we need for the economy to grow as fast it should. we are trying to negotiate larger agreement. we are providing investments in areas like education and job training. unfortunately, there just wasn't enough support or time for that kind of larger agreement in a lame-duck session of congress. if the messy nature of the process. but we are continuing to chip away at the problems step-by-step. last year i signed into law a $1.7 trillion i
reid days before the deal. it was touched off by this comment from harry reid. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> our senior congressional correspondent, dana bash, is joining us with more on this story. pick it up for our viewers, because some ugly words were exchanged. >> reporter: that's right. this incident happened last friday in the lobby of the white house when they were waiting to go into meet with the president on the fiscal cliff, and we're told by sources from both parties that the senate majority leader, harry reid was sitting on the couch next to mitch mcconnell and the house speaker said to harry reid, go blank yourself, and the blank starts with an "f." and reid laughed it off and did not take it seriously. a republican that wa
, it started this weekend when mitch mcconnell was dealing with his democratic counterpart harry reid and he felt like at one point saturday and sunday that he was not getting a real fair deal out of the majority leader. he felt like perhaps that the democrat was slow walking him toward the fiscal cliff and maybe that he wasn't going to get the kinds of concessions that he hoped to out of the senate majority leader. and so he called joe biden and those guys have a history. they helped cut a debt deal in 2011 and they helped stepped the payroll tax cut that you were just talking about back in 2010. and he was able to start negotiations with the white house. joe biden had been sidelined by president obama for most of these talks. and he was able to kind of get things going and get a better deal out of the white house than he was going to be able to out of senate democrats. >> tell me about the division between the republicans. boehner voted for the bill, cantor did not. are we seeing a fundamental split in the leadership? >> that was a very interesting vote to watch and i think part of what th
last week in the white house between john boehner and harry reid. this happened before the deal had been reached, i should point out. according to politico, boehner had strong words for the senate majority leader quote, go f yourself boehner. as he pointed his finger at reid. reid a bit startled replied what are you talking about and boehner then repeated it. go f yourself. they didn't cut the deal. in the end it was vice president biden and the senate majority leader. what does this say about the inability to work together? >> i also like the fact according to that story that boehner then went around bragging to everybody he said that to reid. i think they were both at the bottom of the food chain here of decision makers. they were fighting at the bottom of the chain while mitch mcconnell and joe biden were putting together the deal. i think both boehner and reid in a way were powerless in this decision for obvious reasons. and they -- the white house -- i was told by david plouffe o month ago that he much rather would prefer to work with mcconnell than boehner. mcconnell knows how
house fox news confirmed house speaker boehner tolded harry reid to go bleep himself twice after he accused him running the house of representatives like a dictatorship and was more concerned about the job rather than a deal. now the house conservatives say it is time to cut the spending. >> i am a house conservatives that is just that. you people that are kicking the can, give me the can. what we are going to do is draw a line in the sand and demand you don't bring anything forward unless you have the spending cuts. >> she talked of delaying the tough decisions and we expect the spending fights to take soon into the new congress. >>gregg: the profanity is escalating. just like the rest of us, aren't they? >> now we have assistant managing editor of the "wall street journal" which is our parent company-owned. the nonpartisan c.b.o. says this deal actually increases spending by $330 billion and adds almost $4 trillion to the deficit. does that suggest there is an utter lack of seriousness in solving the nation's fiscal problems? >>guest: there is a good piece on the internet on in. i
, it would greatly prevent them getting it done before congress was sworn in at noon. harry reid, the senate majority leerksd said it's going to be very, very tough. a lot of them were tired. the senators were already home and they were waiting for the house to just sign off on it. so any changes, especially major changes, would have, could have really, really scuttled this thing from passing and getting to president obama's desk very quickly. >> is there any real winner in this scenario? can both sides walk away saying that they got something out of this deal? >> i think both sides could say they got something out of the deal, but think you see a lot more discontent among the republican ranks. you saw with the vote last night in the house, it was really the democrats who had to push it across the line. the republicans are not happy that there has to be tax increases on a small percentage of americans. they're not happy with nearly $4 trillion over a decade racking up the nation's debt. and several of the democrats are not happy about the deal either. but it's mostly the democrats and presid
extraordinary vice president joe biden as well as leader harry reid, speaker boehner, nancy pelosi and mitch mcconnell. everybody worked very hard on this and i appreciate it and joe once again i want to thank you for your hard work. under this law, more than 98% of the americans and 97% of the small businesses, they will not see their income taxes go up. millions of families, they will continue to receive the tax credits to help raise their kids and send them to college. the companies will continue to receive tax credits for the research that they do. the investments they make and the clean energy jobs that they create. and 2 million americans, they were out of work, but out there looking, pounding the pavement every day. we're going to continue to receive unemployment benefits as long as they are actively looking for a job. but i think that we all recognize that this law, it is just one step in the broader effort to strengthen our economy and broaden our opportunity for everybody. the fact is that the deficit is still too high. and we are still investing too little and the things that we need
the democratic leader, harry reid, off, use uhhing language i can't use here on "good morning america." >> you can't even paraphrase. >>> let's look at what the deal means to you at home. lots of paycheck changes right now. and bianna golodryga is at the smart screen to break it down. about 99% of americans protected from an increase. but most workers will take a hit. >> payroll taxes going up. this affects everyone making $110,000 or less. so, this year, anyone making $110,000 will pay an extra $2,200 in taxes. people making $50,000 will pay an extra $1,000. and someone making $20,000 a year will pay more $400 a year. >> but the burden falling on the top 1%. >> your typical hollywood movie star may be taking over $20 million in year. they'll pay $1 million in income taxes. we're talking about a lot of money. jay-z and beyonce earned close to $80 million last year. they're going to pay an additional $4 million in income taxes. >> one of the surprises. this deal is going to increase the deficit over the next ten years. but financial markets like what they see. >> markets like stability. they wa
president, joe biden. as well as leader harry reid, speaker boehner, nancy pelosi, and mitch mcconnell. everybody worked very hard on this. and i appreciate it. and joe once again, i want to thank you for your great work. under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research that they do, investments they make and clean energy jobs that they create. and 2 million americans, who are out of work, but out there looking, pounding the pavement every day, are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize, this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is, the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. that tea w th
president joe biden as well as leader harry reid, speaker boehner, nancy pelosi, and mitch mcconnell. >> reporter: but many house republicans were angry that this deal worked out by the white house and the senate did not include serious spending cuts. >> i'm unwilling to gag down a bill that they've sent over here that's not acceptable. >> reporter: but in the end they did not have the votes to change it and everyone acknowledged that this deal sets the stage for a big showdown over spending with a vote to raise the debt ceiling coming sometime in the next two months. >> the problem is we've set up three more fiscal cliffs. >> reporter: one thing this bill bill really doesn't address is the sequester, the across-the-board indiscriminate spending cuts for defense and non-defense agencies. they pushed the cuts off for two months so you're going to see them fighting right away about how to replace the sequester with more sensible cuts once and for all. >> nancy cordes. thanks, nancy. >>> shortly after the house vote president obama got on a plane to resume his christmas vacation
president, joe biden, as well as leader harry reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they create. and 2 million americans who are out of work but out there looking pounding the pavement every day are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally t
that was done by my extraordinary vice president, joe biden, as well as leader harry reid speaker boehner, nancy pelosi and mitch mcconnell. >> reporter: but many house republicans were angry that this deal worked out by the white house and the senate did not include serious spending cuts. >> i'm unwilling to gag down a deal, a bill they've sent over here that's unacceptable. >> reporter: in the end they did not have the votes to change it and everyone acknowledged that this deal sets the stage for a big showdown over spending with a vote to raise the debt ceiling coming sometime in the next two months. >> the problem is we set up three more fiscal cliffs. >> reporter: one thing this bill doesn't address is the sequester, those across-the-board indiscriminate spending cuts to both defense and non-defense agencies. the bill just pushes off those cuts for two months so you're going to see congress and the white house fighting right away about how to replace the sequester with more sensible cuts once and for all. >> nancy cordes thanks nancy. >>> shortly after the house
to him. political reports that on friday, he walked up to senator harry reid, just steps away from the oval office and unleashed an obscenity. reid asked him what it was all about and boehner said it again. the gop is falling apart. but we can't let that crack up hurt the country. joining me now is congress won january shakowski and mi mia malikah henderson. happy new year to both of you. >> congresswoman, how can democrats deal with the republican party that's in such disarray? >> well, i actually liked what happened last night. that is john boehner said he didn't need to follow the rule of having the majority of the majority party. but, actually, did let the house work its will. and a majority of democrats, all but 16, and 8 a rep5 republican able to move the country forward. i'm hoping that that will be a pattern and, actually, that will remain. now, whether or not the leadership is going to be able to stay as it is or there's going to be this internal battling. but, honestly, what we have among so many of the republicans and in the house of representatives and now, even pat thu
to thank the work that was done by my extraordinary vice president, joe biden, as well as the leader, harry reid, speaker boehner, nancy pelosi, and mitch mcconnell. everybody worked hard on this, and i appreciate it. once again, thank you for your great work. under this law, more than 98 percent of americans and 97 percent of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. the investments they make and the clean energy jobs they create. 2 million americans were out of work but out there looking every day and will continue to receive unemployment benefits, as long as they're actively looking for a job. i think we all recognize this law is just one step in the broader effort to strengthen our economy, as well as an opportunity for everyone. the fact is the deficit is still too high. changing things for the economy to grow as fast as it can. this would put the company on a path to paying down the debt and putting americans back to work, building bridges and providing investment
harry reid and mitch mcconnell. those talks fell apart fell apart this weekend so cinnamon party leader mitch mcconnell picks up the phone and calls vice president job ion. it was those two guys and they did so here, reaching a deal in the early our mornings. the early and hours of the morning and finally once that happened it paves paved the way for a senate vote which happened last evening and overwhelmingly got support from democrats and republicans. the house guarded to look at it this morning they were not getting a strong sense of support from republicans. if you make any changes to a bill like this it torpedoes the whole deal. the the senate was saying they wouldn't consider anything else in the same bill has to start the senate and the house so any changes that the house would make to it would blow this entire deal of. house republican leaders decided they didn't have enough votes to change it. they decided to bring us both to the floor and this is the result of what you are seeing now. 118 to 60 is what you have got. still though you have a number of republicans who are really
harry reid and said, pardon me, "go f yourself" and then repeated it and bragged about it, according to political sources. first of all, have you heard about this? and if this is the level of animosity, what hope is there a couple months down the road when these issues come up? >> i don't know if he said that and i don't know if he did say it whether or not that represents in some way the level of animosity. unfortunately in these kinds of situations, often times people do say things and they say them in ways that others may seem unacceptable and this goes on whether or not it's in the capital, in the newsroom, on plathe playground. it just happens to be the way that sometimes americans express themselves. i don't know that he did that way. >> congresswoman maxine waters, it is good to you have on the program. thank you very much. >> you're certainly welcome. >> while the house approved this deal, there was no deal to send aid to the victims of hurricane sandy. let me play for you what republican congressman steve latourette said this morning. >> the same chuckle heads who j jet jeti
leader harry reid called speaker boehner, that speaker boehner was running dictate toreship in the house. speaker boehner to his face to harry reid, go f yourself and used three other letters. harry reid said back to boehner. what are you talking about. boehner repeated verbatim, go f yourself. this is indication of the poison atmosphere up here. when the sequestration runs out next few months and congress must vote to increase the debt ceiling. it appears speaker boehner is fwirding for a fight on both fronts in a statement that he issued last night. he said in part, quote, now the focus turns to spending. the american people reelected a republican majority in the house and we will use it in 2013 to hold the president accountable for the quote, balanced approach he promised. meaning significant spending cuts and reforms to entitlement programs that are driving our country deeper and deeper into debt. the president last night indicate he is open to come promy to spending cuts but drew a line when it comes to the debt ceiling. here's the president. >> now, one last point i want to make. w
was made. a very interesting part of the story i think that political is reporting. harry reid and john boehner met, and john boehner greeted harry reid by saying -- he went full cheney -- he said go f yourself. harry reid responded what are you talking about? and boehner repeated go f yourself. >> bill: republicans said that in the white house? >> in the white house. >> bill: george bush would not have been happy with that. he maintained a stricter level of decor um around the oval office. is it worth it? yeah, probably. i would have voted for it. it doesn't give us everything we wanted. crazy -- insane to define middle class americans as anybody making under $400,000 a year. the bad news is this is only going to give us temporary relief. we'll be back into in another month, in another two months, maybe two different battles coming up, and that means this gang of republican hoods in the house of representatives will still be able to muck up the mess. i don't know if it is possible for congress to get a zero approval rating but they are well on their way. it was 9 t
that was done by my extraordinary vice president, joe biden, as well as leader harry reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they create. and 2 million americans who are out of work but out there looking pounding the pavement every day are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker
's a demonstration of the bad faith that this president and harry reid and the gang over there have negotiated in. >> you had me until you blamed everything on the democrats. there's no republicans responsible for any of this? >> one more time. if you were going to engage in the rhetoric of the balanced approach and the final piece of legislation that marches over to the house spends more money -- >> right. >> -- how is that even close? >> fair enough. it's now the 11th hour was last night. it's now beyond the 11th hour. what's going to happen tonight? is this bill to attempt to amend the senate plan going to work or are you going to have an up and down vote and if you are going to have an up and down vote, you're not voting for it, right? >> at this point i have no idea where the whip count is on trying to change some of the mechanics within the sequestration so they actually have better longer term cost savings, which -- but with that, it's also the bill will move forward. i am going to vote no. i am absolutely going to vote no. part of this actually breaks my heart because i was struggling to
leader harry reid summed up. >> it was a piece of legislation that we weren't all elated about, but it moved the ball forward. we have so many more hard decisions to make in the year >> this is not the way to run the senate! >> reporter: but republican jeff sessions of alabama warned that congress can't go on transacting its business this way. >> we are really too often using midnight hour votes on the eve of a crisis to ram through big historic legislation that has >> woodruff: the president is expected to sign the bill, but there was no word on when he will do so. to walk through how we got here, and how the compromise deal will affect most americans, we talk with two journalists who have closely followed each development. steven dennis is a reporter for "roll call" who covers the nexis between congress and the white house. neil irwin covers economics and fiscal policy for the "washington post." it's great to have you both with us. >> great to be here. >> woodruff: before we talk some more about what's in the bill, steven dennis, let's talk first about how we got to this high
to thank the work that was done by an extraordinary vice president, joe biden, as well as leader harry reid, speaker boehner, nancy pelosi and mitch mcconnell. everybody worked very hard and i appreciate it and show, once again, thank you for your great work. under this law, more than 90% of americans and 90% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, investors make an clean energy jobs that they create. 2 million americans out of work, but out there looking, pounding payment every day for continue to receive unemployment benefits as long as they are actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden the opportunity for everybody. the fact is the deficit is still too high and we're still investing too little into things that we need for the economy to grow as fast as it should. and that's why speaker boehn
. if you do that, it probably kills this deal. harry reid, his aide senate democrats have been adamant. they're not going to touch an amended version of this deal that was brokered between republican leader and the vice president. option 2 is to pass that senate passed bill on the house floor. if it comes to that. if house leaders can't muster 217 votes for that amendment whichs what they wre just whipping on the floor, sampling their members to see where the support is, if they can't get the 217 they've said, fine, it's a senate passed bill. the problem for house leaders is there will probably be only about 50 republican votes for it. that means that john boehner and eric cantor turn around and rely on house democratic leader nancy pelosi for the remaining 150, 160 votes. they'd be counting on the demate karates to push that bill home. >> woodruff: todd, why after a majority of republicans in the senate voted for this last ght or early this morning, why are house republicans having such a hard time with it? >> well, we we just have to keep remembering that the house and the senate are
that house speaker john boehner told senate majority leader harry reid to go f himself on friday after reid said that boehner was treating the house like a dictatorship. the white house and the senate did come to a deal and then the house voted on it late last night. they passed with 257 votes. leadership on the republican side was split however. boehner and budget committee chairman paul ryan voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted no. ryan would be only one of the three that voted yes. the plan means the bush tax cuts will continue for those making under $400,000 a year and couples making less than $450,000 a year. the tax rates will go back up for those making more. the automatic spending cuts that were set to kick in today are delayed for two months. the deal with extend unemployment insurance for some two million people for a year. the estate tax goes back up to 40%. also tax credits will co
the work that was done by my extraordinary vice president, joe biden. as well as, leader perry -- harry reid, nancy pelosi and mitch mcconnell. joe, once again, i want to thank you for your great work. ♪ connell: a reminder that after this deal gets done, we have peter barnes all day long. he will be back in about 15 minutes. his next report looks at all of you that makes between 50 and $70,000 a year. he is back. making a little money with charles payne. charles: it looks fantastic. at the end of the day, what will my check look like? on a different note, caterpillar , i keep hitting this one. i love that this is a bet on the global economy. i am looking around at all these different global estimates for gdp next year. i think they are extraordinarily low. let's just take some things that have happened over the last couple weeks. japan just elected a guy who is out of his mind. i am not very excited about his money printing policies. this guy is so serious about bringing back the warrior spirit of japan. brazil is being underestimated. the global economy is what will drive caterpilla
and i think that sometimes happened. the speaker showed leadership in a time in which harry reid went home and went to bed and left it to the vice president. at least speaker boehner was always straight, honest with us and allowed the regular process to occur, gave us all the opportunities. i don't think last night is going to go down in history as anything other than an opportunity missed. >> juliet: i just have to throw one more thing in there about sandy and what happened last night. there are a lot of people from both sides of the aisle that disagree on what happened there. your colleagues, peter king, for instance, michael grim, are very upset with that. they're on the floor last night absolutely appalled by what happened. what do you have to say to people who live in this area who cannot go back who have lost everything, who don't understand the finer points of these bills and what happened there, except they understand that they're not going to be getting any money any time soon? >> i think i'll say to you as a new yorker, obviously a concerned new yorker, your two senators pac
, at least until noon tomorrow. that is when a new congress convenes and senate majority leader harry reid today is chastising the republican-controlled house for putting off the vote, even if it is just for a few days. here is what he said. >> there are tens of thousands of people, tens of thousands of people in new york, tens of thousands of people in new jersey, and other parts of the northeast, who have had their lives turned upside down. now, i am dismayed and really saddened that the house of representatives walked away last night, didn't even touch this after we spent so much time here on the floor doing something to help the beleaguered part of our country. >> and a joint statement about the sandy bill. it reads in part, this continued inaction and indifference by the house of representatives is inexcusable. when american citizens are in need, we come to their aid. the people of our states can no longer afford to wait while politicians in washington play games. and we have also learned that president obama has now reached out directly to governor christie of new jersey on the issue
leader of the united states senate, the honorable harry reid. >> today the people of burma and the united states honor aung san suu kyi for her personal sacrifice and her dedication to spreading freedom and justice not only in burma, but the world. even when it meant separation from her family, when it meant being apart from her husband at the hour of his death, suu kyi has remained true to her cause. today i also recognize my colleague, republican leader mitch mcconnell. i have stood next to him on the senate floor now for a long time, and there's no cause for which he has been more pronounced than doing something about suu kyi and burma. .. but i'm pleased where burma policy is concerned there's been no split between democrats and republicans. i'm grateful senator mcconnell for his leadership on this issue. not just for the last few days, last week, few months, but for two decades. i also commend secretary hillary clinton, and the many foreign service officers who dedicate their time and talents to the cause of liberty and democracy abroad. as we tragically saw last week, state departme
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